23 September 2017

News Story: CM Port says to build Hambantota Port into global maritime center

COLOMBO, Sept. 22 (Xinhua) -- China Merchant Ports Holdings aims to building the Hambantota Port in southern Sri Lanka into a global maritime center, the company said at Colombo's Ceylon Chamber of Commerce on Friday.

China Merchant Port Holdings (CM Port) entered into partnership with the Sri Lanka Port Authority in July.

It is the largest Foreign Direct Investment (FDI) ever implemented in Sri Lanka.

"We are targeting to turn the Hambantota port into a major hub connecting the neighboring countries as well as the rest of the world. That is the national vision of Sri Lanka and it is also our mission as an operator," said Deputy General Manager of CM Port Hang Tian at Colombo's Ceylon Chamber of Commerce on Friday.

Read the full story at Xinhua